How high can XRP price go?

XRP has surged by around 58.50% year-to-date to reach $3.19 on Jan. 28. That includes at least 10-20% corrections in the short-term, including the one caused by China’s DeepSeek market sell-off earlier this week.

Let’s examine if XRP price could climb any further in the near term.

XRP bull flag breakout targets $4

XRP has surged past a key resistance level, confirming a bull flag breakout on the 4-hour chart. The technical setup suggests further upside, with traders eyeing a potential move toward the $4.00 mark.

Key points to notice:

• Bull flags are considered bullish continuation patterns that resolve after the price breaks above the upper trendline and rises by as much as the size of the uptrend prior.

• XRP has been forming a similar bull flag pattern since mid-January and was attempting to close above its upper trendline as of Jan. 28.

• A successful breakout could lead the price toward $4.00 by March, up 28% from the current price levels.

• A retreat from the upper trendline risks taking the XRP price down toward the lower trendline around $2.75, which aligns with the 200-4H exponential moving average (200-4H EMA; the blue wave in the chart above).

• XRP’s relative strength index (RSI) is currently at 56, a neutral area suggesting room for more upside in the coming days.

XRP liquidation heatmap shows $3.30-3.37 as next possible targets

The Binance XRP/USDT liquidation heatmap reveals key liquidity zones where large liquidation events may occur. These levels act as magnet zones, influencing price direction based on the amount of liquidity at a given level.

Things to know:

• A high concentration of liquidations is visible near the $3.30 level, with the yellow area indicating a cluster of leveraged positions, suggesting it’s a key resistance level to overcome.

• If $3.30 level is cleared, it could spark a liquidation squeeze, forcing short sellers to close positions and driving prices toward $3.37, the next major liquidity cluster.

XRP bull pennant points to 365% rally by year-end

XRP has entered the breakout stage of its longer-term prevailing bull pennant pattern, eyeing a strong bull run in 2025.

• Bull pennants develop when the price trades inside a triangle-like pattern following a strong uptrend — and they resolve when the price breaks above the upper trendline and rises by as much as the previous uptrend’s length.

• As of Jan. 28, XRP had entered the pattern’s breakout stage, eyeing a potential bull run toward $14.45 by 2025.

• XRP has surpassed the 1.618 Fib level at $3.03, with the 2.618 target at $4.82 now in focus. If the momentum continues, the 4.618 extension at $8.39 and the full breakout target of $14.44 could be achieved.

• XRP price is now well above its 50-week EMA ($1.25) and 200-week EMA ($0.73), reinforcing bullish momentum.

Bearish divergence could spoil XRP’s upside outlook

While XRP’s price continues to climb, the relative strength index (RSI) is trending lower, creating a bearish divergence.

Key things to know:

• Theoretically, a bearish divergence indicates that the buying momentum is weakening despite the price surge, increasing the likelihood of a short-term pullback or consolidation before the uptrend can continue.

• Dropping below the current support level of around $2.90—which aligns with XRP’s 1.68 Fibonacci retracement level—could validate the bearish outlook.

• If XRP drops below $2.90, key price targets are the next Fibonacci levels at around $1.91 and $1.57.

XRP fundamentals lean bullish

XRP’s robust fundamentals strengthen the case for a continued rally in 2025, including Ripple’s foray into key US states.

• Traders consistently step in during XRP price dips, demonstrating faith in future upside.

• Traders are optimistic that Donald Trump’s presidency could end the ongoing “SEC vs. Ripple lawsuit,” paving the way for spot XRP ETFs in 2025.

• Ripple CEO Brad Garlinghouse is further lobbying for a diversified US crypto reserve under the Trump administration.

• On Jan. 28, Ripple secured Money Transmitter Licenses in New York and Texas.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.